The New York Times3d
Elon Musk’s Team Now Has Access to Treasury’s Payments System
Treasury Secretary Scott Bessent gave Mr. Musk’s representatives at the so-called Department of Government Efficiency a powerful tool to monitor and potentially limit government spending. By ...
CNN4d
How an arcane Treasury Department office became ground zero in the war over federal spending
A few weeks before Donald Trump was sworn in as president, members of his transition team went to the Treasury Department to talk about the handover of power. But what is normally a routine ...
CBS News6d
Are no-penalty CD accounts worth it for 2025?
Certificate of deposit (CD) accounts have been both valuable and secure for savers for many years. But in the inflationary climate of 2022 to 2024, they become arguably mandatory. With a fixed ...
Fortune3d
Donald Trump is waging a very public war on Jerome Powell—so why hasn’t he picked up the phone?
President Trump has been critical of Jerome Powell’s work—yet hasn’t confronted him directly. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this ...
CBS News4d
Gold vs. Treasury bonds: Where should investors turn next?
One prime example is gold. The price of gold per ounce soared past $2,700 in October as inflation and other economic concerns drove demand, while Treasury bonds began offering their highest ...
The Washington Post2d
Musk aides gain access to sensitive Treasury Department payment system
Billionaire Elon Musk’s deputies have gained access to a sensitive Treasury Department system responsible for trillions of dollars in U.S. government payments after the administration ousted a ...
The New York Times4d
Treasury Official Quits After Resisting Musk’s Requests on Payments
By Andrew Duehren Alan Rappeport Theodore Schleifer Jonathan Swan and Maggie Haberman Reporting from Washington The Trump administration pushed out a top Treasury Department official this week ...
The Washington Post4d
Senior U.S. official exits after rift with Musk allies over payment system
Jeff Stein covers economic policy at the White House, the Treasury Department, the Office of Management and Budget and across the administration. Reac...more Jeff Stein covers economic policy at ...
Reuters4d
Senior US Treasury official to exit after rift with Musk allies, report says
Jan 31 (Reuters) - David Lebryk, the top-ranking career U.S. Treasury Department official, will leave following a clash with allies of billionaire and Trump adviser Elon Musk over payment system ...
Mint6d
‘Golden age starts now’: Scott Bessent becomes Donald Trump’s treasury secretary, pushes universal 2.5% tariff plan
The billionaire investor Scott Bessent will serve as US President Donald Trump's treasury secretary, the US Senate confirmed on Monday. The hedge fund manager has been advocating for a new ...
InvestmentNews6d
Traders bet on big Treasuries rally ahead of Fed's Jerome speech
US Treasuries gained ahead of the Federal Reserve’s interest-rate decision as traders ratcheted up bullish bets in hope that Chair Jerome Powell ... pushed two-year Treasury yields to the ...